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Property Accounting Manager

StevenDouglas

Job Description

Seeking a Property Accounting Manager for a growing global commercial real estate and property management company!

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Key Skills and Core Values

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  • Collaboration with the company's accounting and property management teams
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  • Mentorship and development of Property Accountants
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  • Results-focused and ability to work independently.
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  • Continuous Improvement; make recommendations
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The Accounting Manager will oversee monthly financial reporting for a portfolio of commercial and multifamily real estate properties and manage property onboarding and offboarding as they enter or exit the portfolio.

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Key Responsibilities:

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  • Review monthly financial statements, bank and escrow reconciliations, journal entries (accruals, depreciation, amortization), and balance sheet reconciliations
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  • Review owner distributions and management fee calculations; oversee cash flow and AP across the portfolio
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  • Lead property onboarding: transfer of historical records, bank account and system setup, and transition of vendor, utility, mortgage, and insurance accounts
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  • Lead property offboarding: final financials and closing packages, final distributions, account closures, and transfer of records
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  • Support year-end audit and tax reporting
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  • Train, mentor, and evaluate Property Accountants and Senior Property Accountants
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  • Serve as the escalation point for complex accounting issues and owner/asset manager inquiries
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  • Partner with the accounting, property management, and asset management teams and drive process improvements
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Requirements:

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  • BS in Accounting; CPA preferred
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  • 7+ years of accounting experience, including supervisory or review responsibility
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  • Strong background in financial statement reporting, bank reconciliations, journal entries, and GAAP
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  • Real estate accounting experience and advanced Excel required
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  • Property transition experience strongly preferred; MRI or Yardi a plus
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Benefits

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Robust benefits package, ESOP & 401K match, base (based on experience), and an annual bonus

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*The first 90 days are fully onsite, and work from home one day a week thereafter.

Vacancy posted 2 days ago
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